Saturday, August 2, 2014

Barack Obama: "Republicans in Congress refuse to list a single tax loophole they are willing to close."

Posted by Politifact.com Truth-O-Meter rulings from National On April - 5 - 2012 News Politics

The Truth-o-Meter says: True | Obama says Republicans in Congress won’t name one tax exemption they want to repeal

President Barack Obama said a budget proposed by House Republicans lacked "a shred of credibility," especially when it came to tax cuts. Obama said their budget includes $4.6 trillion in lower taxes over the next 10 years, with no way to pay for them. "We’re told that these tax cuts will supposedly be paid for by closing loopholes and eliminating wasteful deductions," Obama said. "But the Republicans in Congress refuse to list a single tax loophole they are willing to close. Not one." We wanted to check Obama’s claim that …

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Read Entire Story: Politifact.com Truth-O-Meter rulings from National

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